With the government's Making Tax Digital initiative set to come into effect in April 2019, MoynanSmith are taking every step possible to ensure they are properly equipped to help you deal with the transition.
The most recent bit of preparation we have undertaken is to complete the necessary training to gain QuickBooks Making Tax Digital ProAdvisor status.
As you may know, when MTD comes into effect, businesses will be expected to use accounting software to update HMRC on their tax affairs. Instead of the current annual update, HMRC will require updates quarterly.
This may sound daunting, but with the help of accounting software the whole process should become much simpler. Even if you don't feel confident using software to file and submit records, we'll help you become an MTD whizz.
Being MTD ProAdvisors means we have the expertise to help you seamlessly transition to MTD using Intuit QuickBooks software.
So, if you have any questions or worries about becoming MTD-compliant, feel free to get in touch and we can make sure you have everything sorted in time.